Company Profile
Aris Radiology
Company Overview
Aris is a leading national radiology company providing professional radiology services to hospitals and health systems across the United States. These services reduce the cost of care while improving objective measures of quality, efficiency and patient/physician satisfaction.
Aris’ unique approach enables the hospital to take advantage of its network of subspecialty radiologists as well as an on-site team of general radiologists, providing expert care to all hospitals…regardless of size or geography, 24/7/365.
Aris’ approach provides substantial savings for hospital partners by erasing practice subsidies, eliminating costly overnight teleradiology payments, and improving overall practice efficiency, while handling all physician recruitment and practice management – including third-party billing. Aris also brings deep technological expertise to clients by offering a robust, state-of-the-art RIS/PACS platform that generates thousands of dollars in annual cost savings.
In addition to cost-saving opportunities, hospital clients achieve revenue enhancements through market share improvements driven by Aris’ enhanced subspecialty panel, superior customer service and interpretation quality.
Company History
Founded in 2007, Aris is a privately held, nationally recognized radiology services company based in Hudson, Ohio. Aris was founded by Tom Strauss, CEO of Summa Health System, to provide the surrounding area with superior over-night teleradiology coverage. With our unique IT infrastructure and expertise in managing workflow and quality, we quickly grew into a full-service professional radiology solutions company. Our ability to provide both on-site and 24/7/365 teleradiology to large health systems, pediatric hospitals, critical access hospitals, and radiology groups, makes us unique in the market space; allowing Aris to provide strategic solutions based on the needs of our individual clients.
In 2011, Aris strengthened its position in the radiology and healthcare market by bringing on a reputable minority partner, Great Point Partners. Headquartered in Greenwich, CT, Great Point Partners is a leader in investing in promising healthcare companies.
Aris’ ownership structure is unique to professional radiology. Our organization is the only national group that is majority owned by a health system. Aris is a privately held corporation governed by a Board of Directors, which is led by Chairman Dr. Stephen Houff and includes representatives from Aris, Summa Health System and Great Point Partners. Our owners are healthcare professionals with an understanding of what it takes to deliver the highest patient care.
In April 2015, Aris completed and acquisition of Optimal Radiology. Optimal was founded in 2005 by a team of healthcare professionals including former American College of Radiology President and Chairman Neal Templeton, M.D.
The acquisition of Optimal leverages the combined expertise in the on-site and teleradiology space. The companies have worked with dozens of hospitals, health systems, clinics and physician practices around the country to improve quality and efficiency through the delivery of on- and off-site professional radiology services and practice management expertise.
Prompted by the growing demand for advanced imaging services and the lack of specialized radiologists, Aris’ founders recognized the need for large and small hospitals alike to leverage technology to ensure the provision of quality care, irrespective of the time of day or location of the patient. As the profession has continued the trend toward specialization, the supply of radiologists has grown more limited. Further, the rapid development of imaging technology has made it increasingly difficult for many radiologists to remain an expert in all modalities. These trends underscore the need for highly customized, quality professional radiology solutions delivered in alignment with hospital goals.